| RECAF Stock | | | USD 0.73 0.02 2.67% |
Reconnaissance Energy technical analysis lookup allows you to check this and other technical indicators for Reconnaissance Energy Africa or any other equities. You can select from a set of available technical indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations and data normalization technicques. Please check also
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Reconnaissance Energy Africa has current Total Risk Alpha of
(0.16). The total risk alpha measures the performance of an asset by comparing its returns with those of a selected benchmark portfolio.
Total Risk Alpha | = | RFR + (ER[b] - ER[a]) | x | STD[a] / STD[b] |
| = | (0.16) | |
| ER[a] | = | Expected return on investing in Reconnaissance Energy |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Reconnaissance Energy |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Reconnaissance Energy Total Risk Alpha Peers Comparison
Reconnaissance Total Risk Alpha Relative To Other Indicators
Reconnaissance Energy Africa is rated
fourth in total risk alpha category among its peers. It is currently under evaluation in downside variance category among its peers .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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